Q. I have 25+ years at 63 years old and am eligible for FERS retirement. If I were to accept the Voluntary Separation Incentive Pay, would I be penalized for continuing to work with Wildland Fire as an administratively determined retired federal employee? No one in human resources seems to be able to answer this one. I suspect the way the language is written, the answer is no.
Browsing: Resignation
Q. I am a Defense Department civilian under FERS. I have nine years of service. I plan to take a break in service to finish a graduate degree program (actually resign). I plan on being hired again (probably four to eight months later) at a higher grade and working another two to three years. Is there any significant impact to any retirement related issues? Loss of Thrift Savings Plan, reduced benefits?
Q. I was employed in a law enforcement position under CSRS for 25 years, under 6c retirement formula. My service computation date was July 7, 1975, I resigned my position on Sept. 28, 2000. I needed to be 50 years old to be eligible to retire, but I left when I was 47. On Aug. 8, I will be 60 years old. Can I apply for a deferred retirement now or do I have to wait to apply until I am 62 years old on Aug. 8, 2015? I called the Office of Personnel Management and am getting conflicting information.…
Q. If I submit my application for Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay and my VSIP incentive is denied, will I be forced to retire/resign? I have 24+ years and am over 58 years of age. My position is “overhire,” and we are undergoing furlough with very likely RIF.
Q. I am resigning from federal service soon to begin a job in private industry. Will I get paid for the remaining annual leave I still have on the books, or do I lose it? And sick leave?
Q. My husband would like go into private work. He has worked 13 years at a Veterans Affairs Department hospital. He is turning 56 in a few months. If he leaves VA employment, will he be able to buy the federal medical plan indefinitely afterward?
Q. I am a civil service employee who is considering going back into private industry. Is it possible to get back the money that I used for a military service deposit?
Q. I am a FERS employee with 14 years service, age 53. Tired of the pay freeze and “no money for promotions” line. Also tired of doing the jobs of higher paid co-workers while they call in sick two to three days a week. If I resign, can I take my FERS and Thrift Savings Plan in one lump sum and walk away? I am also a military retiree and have my pension and Tricare health care plans from that, so that is not a concern. Understanding the tax hit, will I just receive what I contributed, or the fed matching,…
Q. If I resign at age 51 with 25 years of service, will I lose the government matching funds that went into my Thrift Savings Plan? Will I be able to receive a deferred annuity at age 62? What would that be — 25 percent of high-3?
Q. I am 48 years old with 18 years as a letter carrier. I have completed my master’s degree and am looking for work in a new field. Can I resign/retire before my minimum retirement age of 56 and still collect some kind of annuity? I am under FERS.